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Tag: InBankshares

InBank and InBankshares, Corp Announce Mark Christian as Executive Vice President and Chief Operations Officer

InBankshares, Corp (OTCQX: INBC) and its wholly owned subsidiary InBank (together, the “Company”), an independent commercial bank serving the Colorado Front Range, southern Colorado and northern New Mexico markets, announced earlier this month that they have added veteran banking and operations executive Mark Christian as Executive Vice President and Chief Operations Officer. InBank had total assets of just over $1.2 billion as of September 30, 2022.

Mr. Christian has over 35 years of experience in bank operations and systems, including branch administration, IT strategic planning, system conversions and optimization, and mergers and acquisitions. Most recently, Mr. Christian held the position of Executive Vice President, Operations & Systems Group, for Pacific Western Bank (Nasdaq: PACW), a national financial institution with over $41 billion in assets.

“I am very excited to welcome Mark to our executive leadership team. He will lead all operations and technology for InBank as our new Chief Operations Officer,” says Ed Francis, Chairman of the Board, President and Chief Executive Officer for the Company. “Mark’s deep expertise in scaling banks across the western US will add significant depth to our leadership team and position us well for continued success in growing our Colorado and New Mexico markets.”

As Executive Vice President and Chief Operations Officer, Mr. Christian will be responsible for operations and systems for the Company.

“It is a great pleasure for me to join InBank and to have the opportunity to make immediate contributions that will add to the health and growth of the organization, create efficiencies in our systems, strengthen relationships with our customers, associates and partners, and ultimately build shareholder value,” says Mr. Christian.

 

InBankshares, Corp (OTCQX: INBC) is the holding company for InBank, an independent commercial bank serving the Colorado Front Range, southern Colorado and northern New Mexico markets. InBank had total assets of just over $1.2 billion as of September 30, 2022.  InBank offers a full suite of commercial, business and personal banking solutions with a focus on personalized service, technology and local decision-making. InBank was built on the entrepreneurial spirit and is led by a team of experienced banking professionals committed to the mission of positively impacting the lives of its customers, communities and associates. For more information, visit www.InBank.com.

Kevin Ahern joins InBankshares, Corp and InBank Boards

InBankshares, Corp and InBank, an independent commercial bank serving the Denver Metro Area, southern Colorado and northern New Mexico, today announce that veteran banking and finance executive Kevin Ahern has joined the Boards of Directors of both InBankshares, Corp and InBank.

Ahern is Managing Partner of Brush Creek Partners, a Denver-based private equity firm, and the former Chairman, Founder and CEO of CIC Bancshares, a Colorado-based bank holding company, and Chairman of Centennial Bank. He served as a senior executive with Heartland Financial USA, Inc. a $12 billion bank holding company, after Heartland’s acquisition of Centennial Bank in 2016. Ahern has 35 years of expertise as an operator and investor in private equity, banking, financial services and investment management.

“We are honored to welcome Kevin to Boards of Directors and could not be more excited about the expertise and passion he will bring to our organization. Kevin is a deeply-respected and well-connected leader in the Colorado business community who will undoubtably help us continue to deliver on our mission to become the premier business bank in the Denver Metro Area,” says Ed Francis, Chairman of the Board, President and Chief Executive Officer for InBankshares, Corp and InBank.

“Kevin’s involvement with our organization reflects confidence in our continued growth. His deep experience and entrepreneurial endeavors compliment and align with our history and our vision for the future as a bank that has been built with similar entrepreneurial spirit.”

InBank’s recent growth is reflected in the company’s third quarter financials showing a $249 million or 68% year-over-year growth in total assets, $166 million or 61% year-over-year growth in core deposits and a significant increase in market share after completing two consecutive years of the highest percentage of FDIC market share growth compared to peers in the Denver MSA, according to the FDIC Summary of Deposits June 30, 2020.

“I am pleased to be joining the InBankshares, Corp and InBank Boards of Directors,” says Ahern. “I believe InBank is well-positioned to be a leading business bank across the Front Range of Colorado and in New Mexico. I look forward to supporting Ed and his team on executing their plans in the coming years.”